VCTs: Slower Deployment in Tough Environment but More Resilient Than VC Industry

Venture Capital Trusts (VCTs) invest £506 million in small private companies and AIM companies in 2023, marking a 28% decrease from the previous year

In the 2023 calendar year, Venture Capital Trusts (VCTs) invested £506 million in new and follow-on investments in small private companies and companies listed on the Alternative Investment Market (AIM). This represents a 28% decline from the previous year’s investment of £705 million. The figures were reported by the Association of Investment Companies (AIC) based on data from the Pitchbook European Venture Report.